OTTAWA (Reuters) — The Canadian government on Wednesday declined to speculate on what action it might take if workers at Canadian Pacific Railway Ltd. strike this weekend. Ottawa has in the past regulated striking employees back to work in industries it considers to be key. A spokesman for Labour Minister Kellie Leitch said the government […] Read more
News
Canadian gov’t won’t say what it might do in case of strike at CP
CP Rail says it is ready for a strike
UPDATED: Wednesday Feb. 11 – 1305 CST – TORONTO (Reuters) — Canadian Pacific Railway Ltd. said on Wednesday its managers will be ready to take over if engineers and conductors in Canada walk off the job on Sunday, as talks to try to avert a strike at the country’s No. 2 railway continued. Chief operating […] Read more
Australia tightens rules over foreign buying of agricultural land
SYDNEY (Reuters) — Australia tightened rules on Wednesday over foreign ownership of its agricultural land amid concerns that it is losing control of its own food security, slashing the amount beyond which land purchases would require regulatory approval. From March 1, foreign purchases of agricultural land over A$15 million (US$11.67 million) will be subject to […] Read more
Mosaic profit nearly triples on strong fertilizer demand
(Reuters) — U.S. fertilizer company Mosaic Co.’s fourth-quarter profit nearly tripled, helped by strong demand for phosphates and potash. Mosaic, the world’s largest producer of finished phosphate products, said it expects to sell 2.8-3.1 million tonnes of phosphates at US$440 to $465 per tonne in the current quarter. The company sold 2.7 million tonnes of […] Read more
CME nearby live cattle higher, deferreds lower; hog futures mixed
By Theopolis Waters CHICAGO, Feb 10 (Reuters) – Chicago Mercantile Exchange live cattle ended mixed on Tuesday with nearby contracts supported by their discounts to recent cash prices, while back months sagged on forecasts for increased supplies ahead, traders said. February closed 0.650 cent per pound higher at US159.100 cents, and April up 0.125 cent […] Read more
Crop prices fall as USDA confirms large supplies and oil falls
Issues outside the crop markets had more sway on grain prices today than the USDA report issued this morning. After rising for six of the last seven trading days, crude oil fell on a report from the International Energy Agency that said oil stocks in the developed countries could continue to build in the short […] Read more
Unbiased, third-party farm machinery testing resumes in North America
LOUISVILLE, Ky. — Jim Schmidt might not have been the most popular person in the room when he announced recently that third-party farm machinery testing has returned to North America. “Producers are barraged by a lot information about machinery and technology, with very little unbiased information,” said Schmidt of Mechanized Design. “We know the Nebraska […] Read more
Baltic Dry Index hits 30 year lows
WINNIPEG — The Baltic Dry Index, which tracks global bulk shipping rates, has fallen to its lowest levels in 30 years, which should make North American grains and oilseeds more competitive in the international market. The index was quoted at 554 points yesterday, which is the lowest reading since records started in 1985. It was […] Read more
CP employees may strike as early as Feb. 15
WINNIPEG — Employees of Canadian Pacific Railway who are part of the Teamsters Canada Rail Conference could be going on strike as soon as Feb. 15. On Saturday, 93 percent of members, who are locomotive engineers, conductors, trainmen, and yardmen, voted in favour of taking strike action if a negotiated settlement is not reached with […] Read more
Pasture transition needs changes: Sask. report
Four Saskatchewan organizations are calling on the province to change the way it is handling the transition of the former federal pastures. The Agricultural Producers Association of Saskatchewan, the Community Pasture Patrons Association of Saskatchewan, the Public Pastures — Public Interest and the Saskatchewan Wildlife Federation paid for a study done by Dave Phillips at […] Read more
